Q75 The following statements relate to the advantages that linear regression analysis has over the high low method in the analysis of cost behavior

Q75 The following statements relate to the advantages that linear regression analysis has over the high low method in the analysis of cost behavior: 1. the reliability of the analysis can be statistically tested 2. it takes into account all of the data 3. it assumes linear cost behavior Which statements are true?
 1 only
 1 and 2 only
 2 and 3 only
 1, 2 and 3

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